guys, back to you. >> steve, it's david. first of all, i compliment your use of color. love the purple, very pretty at the top there. you look at that chart. i mean, that's progressive taxation at its finest -- at its most extreme, it would seem. >> it is. >> i wonder if those who believe taxes need to go up on the wealthy whether they embrace that and say, let's go over the cliff. you say half a trillion if you get to spending cuts, i mean, those worried about deficit reduction have to say, well, that will certainly help. >> it will help. two pieces to that, increase of taxes on the wealthy in a progressive manner, as you noted but also increasing for everybody so it's broadening the base, which is what republicans want. in that regard going over the cliff has a compromise element to it. >> i'm still thinking about lovie, we're going to be paying more in taxes, the gilligan's island reference from steve banks. >> tonight? >> why the markets may not be having trouble. >> and dan o'keefe. >> yes. >> let's get to the third hour of "squawk on the street." here's what you m